NEWS
 
Pan Am: Critics don't buy budget can support severance
However, the Minister responsible for the Games says taxpayers shouldn't worry
6 0

After it was revealed that the former CEO for the Pan AM Games received an over $500,000 severance package, the Minister Responsible for the Games  says not to worry - they money can be found in the budget.

"These costs remain within TO2015’s $1.4 billion budget and are therefore not an additional burden to taxpayers," Minister Michael Chan wrote in a statement.

Chan goes on to say he's confident the games planning is in good shape.
 
However, Progressive Conservative Pan AM Critic Rod Jackson says it's another huge chunk of change that teh Liberal government has misspent.

He says there's no way the current Pan AM budget has the room to pay off this severance. Jackson adds there is no extra money to expand the budget, either.

Jackson stresses this is $500,000 dollars that could be put to a much better use.

He says the government isn't taking responsibility and again called for Chan to resign.

"The Liberals are handing out Olympic-sized paydays to an ousted CEO, once again," NDP Sports critic Paul Miller said in a statement.

Miller says this proves these are the "same-old Liberals" when it comes to spending taxpayer money.

Leave a comment:

showing all comments · Subscribe to comments
  1. Frankie posted on 01/31/2014 02:39 PM
    Only a fool would believe them; the same fools that keep voting Liberal
    1. dama posted on 01/31/2014 03:08 PM
      @Frankie No matter if it is from the Pan Am budget or not , it is still taxpayer's money
      if this is a company. he will NOT even get a severance package even if there is a contract,, if you are fired for just cause.

      Who is that idiot that drafted the contract without those safeguard of taxpayer's money? and they still want t put in a bid for the Olyumpic game!!!

      David Petersen is just in there for the money too..
    2. Mark7 posted on 01/31/2014 03:37 PM
      @Frankie Yep We are heading towards chapter 11 same as Detroit. Thanks to all the pinheads who vote Fiberal. I have not, nor ever will vote Fiberal.
    3. donny p. posted on 01/31/2014 04:10 PM
      @Mark7 A contract is a contract, he deserves every penny. Good thing is that we get back about $250,000 in the income tax he has to pay, plus more in the rich people surcharges...so it's a win-win.
  2. AC posted on 01/31/2014 07:42 PM
    you can't have it both ways. he either you keep him or you don't. everyone tried to use this as a political football so now pay the dude. he deserves what his contract says. as if a dude at his level purposely expensed .96 for a coffee. some focused on that? I'm not defending this guy but is what is is
  3. Ernie posted on 01/31/2014 08:56 PM
    Its the Liberals buying votes again - that one vote cost $500,000. Then they are buying votes for the minimum wage earners too at 75 cents an hour. An election is coming. Remember the last election McGuinty bought the student vote as well with taxpayer money
showing all comments

DON'T MISS

BACK TO SCHOOL

BACK TO SCHOOL

NEWSTALK 1010 & Aaron Waxman and Associates teamed up to hand out 1,000 free backpacks with school supplies from Staples! WATCH the exciting event here

NEWS ALERTS

STAY CONNECTED

Sign up for out Breaking News Alerts and receive up-to-the-minute coverage of the top stories of the day

 
6 0

After it was revealed that the former CEO for the Pan AM Games received an over $500,000 severance package, the Minister Responsible for the Games  says not to worry - they money can be found in the budget.

"These costs remain within TO2015’s $1.4 billion budget and are therefore not an additional burden to taxpayers," Minister Michael Chan wrote in a statement.

Chan goes on to say he's confident the games planning is in good shape.
 
However, Progressive Conservative Pan AM Critic Rod Jackson says it's another huge chunk of change that teh Liberal government has misspent.

He says there's no way the current Pan AM budget has the room to pay off this severance. Jackson adds there is no extra money to expand the budget, either.

Jackson stresses this is $500,000 dollars that could be put to a much better use.

He says the government isn't taking responsibility and again called for Chan to resign.

"The Liberals are handing out Olympic-sized paydays to an ousted CEO, once again," NDP Sports critic Paul Miller said in a statement.

Miller says this proves these are the "same-old Liberals" when it comes to spending taxpayer money.

Leave a comment:

showing all comments · Subscribe to comments
  1. Frankie posted on 01/31/2014 02:39 PM
    Only a fool would believe them; the same fools that keep voting Liberal
    1. dama posted on 01/31/2014 03:08 PM
      @Frankie No matter if it is from the Pan Am budget or not , it is still taxpayer's money
      if this is a company. he will NOT even get a severance package even if there is a contract,, if you are fired for just cause.

      Who is that idiot that drafted the contract without those safeguard of taxpayer's money? and they still want t put in a bid for the Olyumpic game!!!

      David Petersen is just in there for the money too..
    2. Mark7 posted on 01/31/2014 03:37 PM
      @Frankie Yep We are heading towards chapter 11 same as Detroit. Thanks to all the pinheads who vote Fiberal. I have not, nor ever will vote Fiberal.
    3. donny p. posted on 01/31/2014 04:10 PM
      @Mark7 A contract is a contract, he deserves every penny. Good thing is that we get back about $250,000 in the income tax he has to pay, plus more in the rich people surcharges...so it's a win-win.
  2. AC posted on 01/31/2014 07:42 PM
    you can't have it both ways. he either you keep him or you don't. everyone tried to use this as a political football so now pay the dude. he deserves what his contract says. as if a dude at his level purposely expensed .96 for a coffee. some focused on that? I'm not defending this guy but is what is is
  3. Ernie posted on 01/31/2014 08:56 PM
    Its the Liberals buying votes again - that one vote cost $500,000. Then they are buying votes for the minimum wage earners too at 75 cents an hour. An election is coming. Remember the last election McGuinty bought the student vote as well with taxpayer money
showing all comments

Top stories

Police still searching for the man with the knife...